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Dec 6, 2013
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economy is getting stronger and traders want in on that. i have been downstairs talking to traders all day. here's what they're telling me. they are telling me they finally accepted the fact that tapering is inevitable, they know it will happen, but don't expect it will happen for a good few months. here's why. yes, we got a strong jobs report. however, consumer spending is still problematic. they don't expect fourth quarter gdp to be particularly strong and they don't expect tapering to really begin until budget negotiations are firmly in the rear view mirror. they want to see certainty on capitol hill, of course. but also, they want to see consistency. you know, it's fine if you have one or two months of 200,000 job gains but you want to see consistency. i think the main focus for everyone downstairs was the unemployment rate. that coming as low as 7%, the fed has said they want to see it at 6.5%. it's going to be interesting to see whether the rally continues or whether we will start to see profit taking in the next couple weeks. >> zain
economy is getting stronger and traders want in on that. i have been downstairs talking to traders all day. here's what they're telling me. they are telling me they finally accepted the fact that tapering is inevitable, they know it will happen, but don't expect it will happen for a good few months. here's why. yes, we got a strong jobs report. however, consumer spending is still problematic. they don't expect fourth quarter gdp to be particularly strong and they don't expect tapering to really...
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Dec 10, 2013
12/13
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>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i think the economy would have fully recovered. >> i want to thank both of you for being here. the rest of you, i want to you stay engaged with us. to go facebook or twitter to weigh in on our fire back question. are you happy with the budget deal? right now 40% of you say yes. 60% of you say no. the debate will continue online at cnn.com/crossfire as well as facebook and twitter. from the left. i'm van joenls and i'm happy. >> from the right, i'm s.e. cupp and i'll wait to see. join us tomorrow for another edition of "crossfire." erin burnett "outfront" starts right now. >>> co
>> this deal does not help the economy. we need a growing economy. we need less regulations and we haven't even talked about the president's health care plan. you have to roll back on something. >> i have to say that continuing with this sequester, this austerity budget which it is by any other term is the worst for the economy. it kills job growth. it kills investment. it is the poorest of economics. that's why we're not fully recovered. if congress would get out of the way, i...
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Dec 7, 2013
12/13
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harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver. what is tech's next big thing? that is just ahead. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. with 10 standard airbags and an epa-estimated 38 mpg highway, you guys a
harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver....
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Dec 6, 2013
12/13
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the economy added 203,000 jobs in november lowering the unemployment rate to 7%. labor secretary says the numbers indicate the economic recovery is gaining strength. >> we have now had 45 consecutive months of private sector job growth to the tune of 8 million plus jobs. roorp while the numbers are encouraging, analysts say we still have a long way to go? >> to get to full employment we estimate the economy is going to have to create between 200 and 225,000 jobs per month for the next couple of years. >> reporter: but that may be difficult to achieve. the recovery is still on shaky ground with small businesses sees a slowdown in sales for the year. that is significant, because those businesses create about two-thirds of new jobs. ly hard hit has been the retail sector. despite slashing prices and opening their doors thanksgiving day, retailers posted disappointing sales in november. >>no carrierringringno carrierr0 [ technical difficulties ] >> trying to get a flight, because most of their flights were canceled. 330 fights from airlines out of dfw have canceled to
the economy added 203,000 jobs in november lowering the unemployment rate to 7%. labor secretary says the numbers indicate the economic recovery is gaining strength. >> we have now had 45 consecutive months of private sector job growth to the tune of 8 million plus jobs. roorp while the numbers are encouraging, analysts say we still have a long way to go? >> to get to full employment we estimate the economy is going to have to create between 200 and 225,000 jobs per month for the...
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it is credible that the economy is doing better. in that case you are not so worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we knew what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests investors are prepared to take their medicine, let them take away the punch bowl, however you want to construct it. >> at this point it may have been discussing tapering for over half a year. the markets have pretty much built in right now. the big issue, are we going to be able to live without so much stimulus. the data suggests that we are. lou: the stimulus and the economy and the markets. as a result of the fed pulling back on cue eat whenever the number may be, what is your judgment on the way that we are going to go into 2014 and now we're going to end u both in the markets and economy? >
it is credible that the economy is doing better. in that case you are not so worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we knew what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests investors are prepared to take their medicine,...
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Dec 6, 2013
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economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it but if you're in the middle or on the lower end of the economic spectrum, you really aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, nearly six in ten americans say things are still going badly in the country. that's because in this recovery, there are two americas. wall street is booming, ending the week on a strong note. even as fast food workers were marching in the streets for higher w
economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many...
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Dec 6, 2013
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economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪ >>> in south africa and around the world people are k looking at the legacy of nelson mandela. meanwhile funeral plans are ama and the first lady will be there to pay their respects. here are some of the details of what is to come. on tuesday decemb10th an official public memorial will be held in johannesberg. his body will lay in state for three days. the memorial's culminate with a state funeral. finally, mandela will be buried on sunday december 15th. >> reporter: tributes are being paid and prayers made for the icon. and now the world can officially say good-bye to nelsonela on december 10th which will be the official memorial service. and then for the following three days his remains will lay in state. but before then south africans will have a chance to remember the man who change lives forever. >> we have declared the 8th of december as a national day of pr
economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪ >>> in south africa and around the world people are k looking at the legacy of nelson mandela. meanwhile funeral plans are ama and the first lady will be there to pay their respects. here are some of the details of what is to come. on tuesday decemb10th an official public memorial...
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Dec 3, 2013
12/13
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. >>> america's health care overhaul, terror threats and the economy. the issues that matter most are on the line. that's why more americans watch fox news channel, fair and balanced. >>> you know, finally i guess fitting with this show's theme today, a headline that caught my eye in today's "new york times." underachieving congress appears in no hurry to change things now. the story goes on to bemoan the republican house in particular that has two weeks left before -- and i quote from the "times" -- likely to interinto the congressional record book for underachievement. no bills, no laws, no time and now out of time. that was their thing. they did not do. they did not spend. they're underachieving because they're preventing the wheels of government itself from moving. and it got me thinking. it happens now and then. since when is underachieving defined by underdelivering on spending or legislating or new laws or new mandates or new rules or regulations or decrees from washington? since when are these the things by which we judge the accomplishments of
. >>> america's health care overhaul, terror threats and the economy. the issues that matter most are on the line. that's why more americans watch fox news channel, fair and balanced. >>> you know, finally i guess fitting with this show's theme today, a headline that caught my eye in today's "new york times." underachieving congress appears in no hurry to change things now. the story goes on to bemoan the republican house in particular that has two weeks left before...
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Dec 6, 2013
12/13
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WUSA
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but what kind of jobs is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor
but what kind of jobs is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor
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Dec 9, 2013
12/13
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those folks who are trying to recycle back into the economy? on saturday, president obama called out republicans for targeting americans in need. >> it shouldn't be a partisan issue. for decades, congress has voted to offer relief to job seekers. including when the unemployment rate was lower than it is today. but now that economic lifeline is in jeopardy. all because republicans in this congress, which is on track to be be the most unproddive in history, have so far refused to extend it. >> well, i have to give credit to the republicans here. they have the country responding to and talking about the three things i've just pointed out when we have had 40, what, 5, 6 months of private sector oh job growth. when we have added 7 million jobs since president obama inherited the great recession. now that we've got unemployment down, according to the bureau of labor statistics, 7%, arguably, still in double digits. and they've got us believing that we're just not doing -- well, actually, we're doing too much for those who are in need. the president i
those folks who are trying to recycle back into the economy? on saturday, president obama called out republicans for targeting americans in need. >> it shouldn't be a partisan issue. for decades, congress has voted to offer relief to job seekers. including when the unemployment rate was lower than it is today. but now that economic lifeline is in jeopardy. all because republicans in this congress, which is on track to be be the most unproddive in history, have so far refused to extend it....
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Dec 2, 2013
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. >> is there a maker bot economy that is dropping? >> people are using them to pro toe type for other people and making products straight off the maker bot and selling. >> is it everybody who might print something? what is the potential here? >> it's one of the things where we're just reaching the threshold. you might know somebody who has a maker bot and if you do you can use theirs. we're coming up on that. i predict we will get to the point that you know somebody who has a maker bot. now you know me. just come to me. >> now i know. >> maker bot was recently bought by statasis for $103 million. there are a lot of practical things you can do. obviously the hands and you can print knobs and things. >> it's a question of do these companies get kmodtized? there are a few of them out there. valuations don't make sense. we have had that whole conversation. do yo really want these kind of stocks? 52% short interest. >> uh-huh. >> recent ipo. it's very hard to make money on the short side here. i think you have got to play these from the lo
. >> is there a maker bot economy that is dropping? >> people are using them to pro toe type for other people and making products straight off the maker bot and selling. >> is it everybody who might print something? what is the potential here? >> it's one of the things where we're just reaching the threshold. you might know somebody who has a maker bot and if you do you can use theirs. we're coming up on that. i predict we will get to the point that you know somebody who...
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Dec 8, 2013
12/13
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the deal which lifted sanctions on iran has benefitted his country's economy. >> controversy over the latest projectproject on artist cristo. some say it will damage the eco-system. >> it's called "over the river". the arkansas in south central colorado. what cristo wants to do here is suspend hundreds of huge panels of silvery cloth nearly six miles of it in eight sections along a 42-mile stretch of the river. the drawing shows how the sun light will filter through the fafabric. >> the best way to see it is underneath on a raft drifting through big horn sheep canyon. >> we have 300,00 300,000 raften the summertime and that is spectacular to experience the project. >> it's a created play of light passing through the fabric reflecting through the water. up, not down. cristo and his team have been working for "over the river" for more than 20 years. they have had to get approval because much of the project is on emplo protected land. cristo is raising the $50 million that it costs by selling hundreds of works which he makes by hand. he and his wife became famous for their out sized and
the deal which lifted sanctions on iran has benefitted his country's economy. >> controversy over the latest projectproject on artist cristo. some say it will damage the eco-system. >> it's called "over the river". the arkansas in south central colorado. what cristo wants to do here is suspend hundreds of huge panels of silvery cloth nearly six miles of it in eight sections along a 42-mile stretch of the river. the drawing shows how the sun light will filter through the...
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Dec 10, 2013
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they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime a regulation like this becomes as precise as the volcker rule has become, there's always ways for many smart bankers and lawyers to get around it. i much prefer principle-based regulation. i mean, the principals can guide what happened. there will be ways around it. having said that the ceo needs to attest that they're not taking big proprietary bets. so i think if after the fact you have a big loss, banks don't get off so easily here. >> so let's get -- you know, now that this is on the table, we know what we're dealing with, many banks have been, you know, gearing up to deal w
they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime...
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Dec 6, 2013
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today over 2.9%. >> normally that happens when the economy is picking up. >> it means the economy is getting a little bit better and we're gifting a little closer to taper. we can argue whether that's december or march as to when the federal reserve board starts to slow down the program but we're getting closer. what the market is saying, you know, i think we can absorb this, and that's good news. that would mean the market is returning to normalcy, and the economy will have a good impact on the market. stocks will celebrate better jobs and a better economy instead of only reacting to the federal reserve board. and this could be a game-changer for the market for a while. as long as interest rates don't go up too far, too fast, i think we can get back to good news being good news, and that's the kind of market i like to see. >> charles, we should get the note to nancy pelosi because she is talking up the need for extending jobless benefits and all of that in the face of more jobs. i think watching her focus on the jobs and don't have to worry about the benefits. >> as we get more and
today over 2.9%. >> normally that happens when the economy is picking up. >> it means the economy is getting a little bit better and we're gifting a little closer to taper. we can argue whether that's december or march as to when the federal reserve board starts to slow down the program but we're getting closer. what the market is saying, you know, i think we can absorb this, and that's good news. that would mean the market is returning to normalcy, and the economy will have a good...
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Dec 10, 2013
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and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the automobile industry was the right thing to do? text a. for yes, text b. for no to 67622. you can always go to our blog at ed.msnbc.com. we'll bring the results later in the show. i'm still waiting for the story on fox. they ought to be jumping up and down underneath the christmas tree, saying, we're out of the car business! we're finally done. it's over oh. whew. we dodged that bullet. no more obama motors. for more, let me bring in the mayor of lancing michigan, and leo gerard. great to have you with us tonight. >> happy to be here. >> i know you're busting at the seams, beca
and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the...
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Dec 6, 2013
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the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one covers it like you! stick around at 8:30 and she will tell you all about it. we will be right back. life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves me time and money. for over 18 years we've helped people take care of the things that matter most. join today. suddenly you're a mouth breather. a mouth breather! how do you sleep like that? you dry up, your cold feels even worse. well, put on a breathe right strip and shut your mouth. cold medicines open your nose over time, but add a breathe right strip, and pow! it instant
the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one covers it like you! stick around at 8:30 and she will tell you all about it. we will be right back. life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help...
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Dec 4, 2013
12/13
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the automation, the computer indication of our economy. the shift from manufacturing to the service sector. america still makes more than nearly every other economy in the world, but it's made by machines not people. >> globalization hammering the middle class? >> absolutely. it's just as much about automation as globalization. it's often left out of the story. we have not had any new amazing technologies, even though we have cellphones, it it's not as the space. nothing new for the working class. >> is there something new that the president should have said? >> i think a minimum wage increase is an important part of the solution. we think of people who are in it for the summertime or transitioning young people in the labor market, but increasingly we see people in this these jobs as adults in for the long haul. >> wait a minute-- >> that being said--please, go ahead. >> you're going to hear the arguments that you normally hear, it kills jobs, cripples the economy, and causes layoffs. >> we could reason this and have abstract discussions b
the automation, the computer indication of our economy. the shift from manufacturing to the service sector. america still makes more than nearly every other economy in the world, but it's made by machines not people. >> globalization hammering the middle class? >> absolutely. it's just as much about automation as globalization. it's often left out of the story. we have not had any new amazing technologies, even though we have cellphones, it it's not as the space. nothing new for the...
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Dec 7, 2013
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. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs since 2005. the jobless rate lowest in five years. stock market may have taken a breather, but it is a banner year for stocks. 25% of americans hold three quarters of all stocks. many americans are more concerned where the next meal is coming from than the 401(k). fast food workers striking against poverty wages. the economy, jobs, minimum wage. that is the president's agenda for the next three years. alex is the business director and chairman of the economic advisers. also with me is a former adviser to presidential candidate mitt romney. austin, let me start
. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs...
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Dec 7, 2013
12/13
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the economy is broken. every marriage is broken. nothing is perfect on this planet. we shouldn't expect it. that's why we pray i will be done on earth as in heaven because in heaven god's will is done per if he cannily. on earth it's done rarely. that's why we prayer god thy will be done on earth as in heaven. now, if we're looking for the answer to the question why in order to feel good, even if you know why, it's not going to take away your pain. so stop asking why. you see, if kay were to drop dead tomorrow and i were to know the reason why, it wouldn't make it any less painful. explanations never comfort. god specializes in turning curse fictions into resurrections. he specializes in bringing good out of bad. anybody can bring good out of good. god specializes in bringing good out of bad. i can see how god brought good out of the terrible badness of my son's suicide. it's made me more sensitive. i'm much more sensitized to people's pain. >> are you a better pastor do you think because -- >> without a doubt. >> because of the steering agony you've had -- >> withou
the economy is broken. every marriage is broken. nothing is perfect on this planet. we shouldn't expect it. that's why we pray i will be done on earth as in heaven because in heaven god's will is done per if he cannily. on earth it's done rarely. that's why we prayer god thy will be done on earth as in heaven. now, if we're looking for the answer to the question why in order to feel good, even if you know why, it's not going to take away your pain. so stop asking why. you see, if kay were to...
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Dec 6, 2013
12/13
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they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a couple of things that might really surprise you about a man you think you know a lot about. ♪ [ male announcer ] alka-seltzer plus presents the cold truth. [ sniffles, coughs ] shhhh! shhhh. [ coughs ] i have a cold with this annoying runny nose. [ sniffles ] i better take something. [ male announcer ] truth is, dayquil cold and flu doesn't treat all that. it doesn't? [ male announcer ] nope. [ sniffles ] alka-seltzer plus fights your worst cold symptoms plus has a fast acting antihistamine to relieve your runny nose. oh, what a relief it is! [ man ] shhhh! for fa
they've been stimulating the economy since 2008. and we're talking trillions of dollars. and people are wondering when are they going to start pulling back ton the stimulus? but a lot hangs on these job growth numbers. >> the 401(k) is in great shape right now. it's been a good year. >> yes, it has. >> just ahead, of course, the big story of the day, the man, the legend and myth. we're going to look back at nelson mandela's life and talk about his revolution. and maybe a...
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Dec 6, 2013
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. [ male announc ] your eyes. even at a distance of 10 mis... the length 146 football fields... they can see the light of a single candle. your eyes are amazing. look after them with centrum silver. multivitamins with lutein and vitamins a, c, and e to support healthy eyes and packed with key nutrients to support your heart and brain, too. centrum silver. for the most amazing parts of you. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. >>> lotses of great suggestion from the viewers on how to cure this voice from saltwater to hot toddy s to, my favorite, just stop talking. see you tomorrow, i hope. [ applause ] >>> a surprisingly large number of young people are signing up. >> the president may want to rethink that comment. ne
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. [ male announc ] your eyes. even at a distance of 10 mis... the length 146 football fields... they can see the light of a single candle. your eyes are amazing. look after them with centrum silver. multivitamins with lutein and vitamins a, c, and e to support healthy eyes and packed with key nutrients to support your heart and brain,...
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Dec 9, 2013
12/13
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is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the question as to whether even if the health care law seems to be working pretty well and even if the economy comes back, whether this sense of him as a weak president or somebody who was too detached has taken hold and it does divorce him from the forces that are changing the economy. >> fred, when you look at 2014, i know that it's easy to say it's going to be a bad year for the democrats because of health care and the president's job rating. you have this recovering economy. i assume that benefits all incumbent governors first. does it help democrats? >> yes, i do. i t
is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the...
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Dec 3, 2013
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it goes back to whether or not you're going to have a ton of money or the economy is going to improve and the charts look great. >> guess who owns ferrari? >> fiat. >> and it gets back to the whole thing with tesla. >> and then you took a tone down a little bit. very nice, tim. all right. brand new data showing that cyber monday was the largest online shopping day in history and the biggest growth came from a surprising sector. we are joining you now to break down the numbers. >> glad to be here. >> which sector was the surprise? >> i'm sorry? >> which sector was the surprise? >> i think what has been a surprise for i think everybody with the season which is a little challenging, given how short the season is this year is whether or not retailers are able to extend the season by pulling buying forward. it looks like that worked pretty well online but i think there is some evidence that it didn't work as smoothly in the afterline world. >> what kind of retailer gained the most? >> the discounters are up strongly. and amazon is gaining share as it typically does. so their growth rates a
it goes back to whether or not you're going to have a ton of money or the economy is going to improve and the charts look great. >> guess who owns ferrari? >> fiat. >> and it gets back to the whole thing with tesla. >> and then you took a tone down a little bit. very nice, tim. all right. brand new data showing that cyber monday was the largest online shopping day in history and the biggest growth came from a surprising sector. we are joining you now to break down the...
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Dec 6, 2013
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it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with michael. i think the numbers have been improving all week nothing but good numbers here and starting out with the key 3 gdp, inventory bills. >> strengthening. record auto sales in november, the jobs numbers are very good here today, housing retail, everything looks good and we've been saying all along we think we're going to be tapering into strength and the market is going to see through that. i think we're using 120 next year for s&p earnings, still high relative to the street, but i think people are starting to see that as a real possibility and stocks are trading at 15 times next year relative to everything else you have
it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with...
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but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's health care costs down to zero, they could cure cancer, and conservatives would be shouting from the rooftops that it's a disaster. i think this california thing is hysterical. in part because it's the sort of natural conclusion of the republican panic about this. they vote in mass against the law even though it originated in republican ideas. they vote to try to repeal it unsuccessfully. the website they think will sink it, and then they just throw toilet paper at it. >> and in the absence of a website that wasn't malfunctioning, they created their own website to malfunction, right? they weren't served a gift
but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring...
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Dec 6, 2013
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we're going to turn to the economy. wall street is reacting positively despite today's better than expected jobs report. i say despite because series of positive results could signal it's time to turn the policies. a net gain of 203,000 jobs. the unemployment rate slid to five-year low of 7%. over the past four months, the economy gained an average of more than 200,000 jobs each month. that's up sharply from the previous four months. okay, if it's jobs friday, it times for our dynamic economic duo, jared bernstein and peter marchi, even you have to feel good about this jobs report. >> i think this is a good jobs report given what we've been through. >> easy, jerry. >> i would like to have more jobs and be around 300,000, 400,000 but i think next year will be even better. so much so i think it is time to start to withdraw the stimulus and start focusing on budgetary priorities in terms of what do we really want to do. what do we really need and worry less about stimulus but more about the fundamentals. we need to rebuild
we're going to turn to the economy. wall street is reacting positively despite today's better than expected jobs report. i say despite because series of positive results could signal it's time to turn the policies. a net gain of 203,000 jobs. the unemployment rate slid to five-year low of 7%. over the past four months, the economy gained an average of more than 200,000 jobs each month. that's up sharply from the previous four months. okay, if it's jobs friday, it times for our dynamic economic...
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many hope it will show the economy added 180,000 jobs last month. if that is the case many experts believe it could signal the job market is picking up speed. they expect it to dip to 7.2%. >>> also today security will be tight around parts of downtown washington as people from around the world watch the annual lighting of the national christmas tree. megan mcgrath is live with what you need to know. megan? >> reporter: well, eun, the big show gets under way at 5:00 tonight. there's a preshow that starts at 4:30 this afternoon. all-star lineup. mariah carey, aretha franklin, all performing as part of the show. now i'm joined by jennifer with the national park service. talk a little bit about this year's show and i should mention right now we're showing video from last year. >> oh, terrific. thank you for coming to one of america's national parks. we're gearing up for the 91st annual christmas tree lighting. we expect mariah carey, aretha franklin, arturo sandoval and folks can go to nationalparks.0 org to see the full lineup. let's just say that it
many hope it will show the economy added 180,000 jobs last month. if that is the case many experts believe it could signal the job market is picking up speed. they expect it to dip to 7.2%. >>> also today security will be tight around parts of downtown washington as people from around the world watch the annual lighting of the national christmas tree. megan mcgrath is live with what you need to know. megan? >> reporter: well, eun, the big show gets under way at 5:00 tonight....
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Dec 6, 2013
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the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more than 2 million jobs on track to be created the best since 2005. it has been pretty in israble since the recession and the bubble burst and to say you're going to have jobs growth, on track for jobs growth, the best since 2005 is significant. you want it see these numbers, 200,000 a month and more and want to see it continue. the unemployment rate going down to 7%, wolf, the white house acknowledges that one of the big reasons, the big reason why it went down to 7% is because people newly unemployed were having an easier time finding a job. th
the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more...
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Dec 5, 2013
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making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the obama care bill has helped big pharma and insurance companies. and there hasn't been a lot of focus on closing looploopholes. i think this speech, if it does signal the beginning of a new, sustained focus for him, could be hopefully a turning point because we do need as a country moral leadership like the kind that the president could provide to focus on this problem, and it doesn't have to be a zero-sum game between left and right, democrat and republican. i have written a lot about how republicans have been terrible at even talking about the problem of poverty,
making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the...
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Dec 8, 2013
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that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already. that is not the way to go about it. it's to suddenly yafrpg the rug out from a lot of families that are feeling a lot of pain already. i think say little bit of -- the democrats are really going to push for this. think think there is a little queez jiness among republicans that just letting two million families all of a sudden see the end of this. >> it needs to be extended. 7% unemployment rate is where the employment rate is the typical recession is. you consider people who are underemployed and given the low wage growth, i think the economy is t
that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already....
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Dec 4, 2013
12/13
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>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this dislocation, people move past nervousness about the fed, once that all runs its course, the bias remains to the upside for the economy and stocks. >> diane, what your expectations throughout the december fed meeting? does anybody think anything is going to happen then sp. >> i think the fed is going to set the stage for the tapering process. they're nervous about the asset purchase program. they believe holding long-term rates lower longer for a longer period of time is a better way to go. they have to convince financial markets to do the pivot away from the asset purchases to this sort of
>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this...
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Dec 7, 2013
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't happened just once, it's still happening in case after case. randi kaye investigates. >> reporter: in may 1999 john thompson was just weeks away from his execution at the louisiana state penitentiary. this is his signed death warrant. so you may be wondering, what is he doing talking to me at his office in new orleans? did you think you would die on death row? >> i knew i was going to die. i didn't have anything else to say. even executed, i didn't see no one leaving off death row for sure. >> reporter: how john thompson survived is complicated to see the least. it would be more than a decade before he learn
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't...
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Dec 7, 2013
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economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months searching for a job, he just landed at starwood hotels working in human resources. >> the fact that i have a sense of security o in a full-time job and the fact it's in my field, i feel lucky. >> reporter: employers added more than 200,000 jobs for each of the last four months. in november, many were good-paying jobs. 40,000 in education and health care. 27,000 in manufacturing. 17,000 construction jobs. so they're coming in the right places. they're coming slower than people wanted, but don't forget. we came from a very, very dark place. and so the light is starting to shine. >> the unempl
economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months...
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Dec 9, 2013
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they have outside influence on america's economy and politics. they're more liberal than lower income groups on issues like abortion and gay marriage, but when it comes to money, they're wary of any government role to close the gap. they're against extending unemployment benefits, against raising minimum wage, in favor of cutting medicaid and food stamps. you're more of a policy guy than a political guy. is it a policy problem more than a political problem? >> it should be seen as a policy problem. the problem is, because it so closely resembles ideological touchstones like the american dream and retaining the wealth that you earn, it becomes a dogmatic issue and right/left issue. it should be seen as a cut and dry policy issue so when people aren't in school that is a policy challenge when people are less competitive. when people aren't getting jobs that's a policy problem because it creates strain on the state. >> but congress, as you talk about it, is not doing anything. >> it's not doing anything. this is the least productive congress that we
they have outside influence on america's economy and politics. they're more liberal than lower income groups on issues like abortion and gay marriage, but when it comes to money, they're wary of any government role to close the gap. they're against extending unemployment benefits, against raising minimum wage, in favor of cutting medicaid and food stamps. you're more of a policy guy than a political guy. is it a policy problem more than a political problem? >> it should be seen as a...
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Dec 6, 2013
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the economy added more than 200,000 jobs in november. it's at its lowest point in five years. >>> heavy wind is battering the southwest and it does not seem to be slowing down. sweeping across arkansas and western kentucky, and that rough, rough weather is heading east. in south africa the long good buy to nelson mandela gets under way tuesday. mandela's body will lie instate in the capitol for three days starting wednesday. he will be burredy december 15th after a state funeral. we're in johannesburg, how are people reacting there now? i think i can hear a bit behind you. 24 hours since the news of mandela's death broke around the world. [♪ music ] >> reporter: listen to that. people have been doing this all day, singing and dances, people here are celebrating his life. that's why they've come out in numbers. children who are eight and ten years old are saying we really don't know nelson mandela. we don't know what kind of man he was. but when they come here and see all the support, they say wow, he is a great man. we want to find mor
the economy added more than 200,000 jobs in november. it's at its lowest point in five years. >>> heavy wind is battering the southwest and it does not seem to be slowing down. sweeping across arkansas and western kentucky, and that rough, rough weather is heading east. in south africa the long good buy to nelson mandela gets under way tuesday. mandela's body will lie instate in the capitol for three days starting wednesday. he will be burredy december 15th after a state funeral. we're...
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it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of jobs bill awaiting action in the democratic-run senate. >>> good news on the jobs front. 203,000 jobs were added in november, and the unemployment rate dropped to a five-year low of 7%. kristen welker, good saturday morning to you. what's the white house's take on the latest numbers? >> alex, good morning to you. the white house certainly touting the fact that the unemployment rate at its lowest level in five years. also highlighting the fact that a lot of this job gr
it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans...
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Dec 9, 2013
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. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week decline. >>> and "frozen" frosted ""the hunger games."" the disney animation took first place with $31 million in ticket sales. after dominating the box office for two weeks "the hunger games: catching fire" came in second. "out of the furnace" was a distant third at $5 million. >> i sense the theme, we're moving to cold weather so that's something we want to see on the big screens or something along those lines. >> how parallelous. >> thanks a lot, wendy. >>> straight ahead, your monday morning weather. and in sports, follow the bouncing ball. the steelers try to lateral their way across the dolphins. we'
. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week...
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Dec 6, 2013
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economy, as the government releases the monthly jobs report. one survey found private companies added 215,000 jobs last month, beating expectations. >> looking at today's weather. rainy in the northeast. icy from the great lakes into texas. below zero in the northern plains. it will be even normally toasty. l.a. will stay in the 50s. >>> finally this morning, a parting tribute to nelson mandela. >> the leader, the pioneer and one of the world's most influential icons remembered this morning across the globe from people of all walks of life. >> for now, let us pause and give thanks for the fact that nelson mandela lived. a man who took history in his hands. >> it was tremendous. it was just tremendous. there was a lot of excitement. the electricity in the air. and he was truly one of the great, great heroes of our time. >> i just want to say, it's extremely sad and tragic news. we're reminded what an extraordinary and inspiring man nelson mandela was. >> he showed us, with the clerk and the african in a how to build a nation. still has so much t
economy, as the government releases the monthly jobs report. one survey found private companies added 215,000 jobs last month, beating expectations. >> looking at today's weather. rainy in the northeast. icy from the great lakes into texas. below zero in the northern plains. it will be even normally toasty. l.a. will stay in the 50s. >>> finally this morning, a parting tribute to nelson mandela. >> the leader, the pioneer and one of the world's most influential icons...
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Dec 4, 2013
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if the economy is better, that should be better for stocks. i think the simple message is one to focus on. >> i'll quote from your note here, the only thing people are worried about is that no one is worried about anything and that isn't a real worry. >> yes. >> are you a true believer or you can't find anything to be negative about? >> the thing you want to focus on is what could cause volatility in the earnings estimates. what i learned and we got bullish about nine, ten, 11 months ago, i didn't see what could cause big volatility to the downside in earnings. to me the biggest risk from rates backing up is that you could get weakness in emerging markets. we've seen some of the big tech companies tell you that emerging market demand slow. that's the biggest and most realistic risk. the second would be they start tapering and you get a soft patch in the economy and you can't stick the taper back in the bottle so to speak. those are the realistic risk. in the interim, it seems like earnings will grow and the economy will be better in the first
if the economy is better, that should be better for stocks. i think the simple message is one to focus on. >> i'll quote from your note here, the only thing people are worried about is that no one is worried about anything and that isn't a real worry. >> yes. >> are you a true believer or you can't find anything to be negative about? >> the thing you want to focus on is what could cause volatility in the earnings estimates. what i learned and we got bullish about nine,...
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Dec 10, 2013
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the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles for a while now, thank you so much for joining me. appreciate it. >> thank you. >> joining me now, heda bruche with the washington center for equitable growth, housed at the center for american progress, a progressive think tank. heather, can we start basic here? what is unemployment insurance and why do we have it? >> thanks for asking, chris. that's a great question. unemployment insurance are benefits there when somebody loses their job through no fault of their own. it's benefits that are supposed to help them make ends meet while they search for a new job, and critically, these be
the economy is not good. it may be better than it was a year ago, but it's not good. unemployment is very high. the ability -- there are three applicants for every job. making people more desperate to get jobs, even if it meant that someone was so desperate that he got a job he wouldn't otherwise would have gotten, if you're not increasing the number of jobs, that simply means you're throwing someone else out of work. >> right. congressman jerry nadler, who's been fighting these battles...
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the american economy's been through a ton of transitions like this. like 150 years ago, almost everybody worked in agriculture and you had big shifts in and out of industries. so, if the shift is out of retail, the question is what can come next? and you say the future of retail is stuff coming to you, but that's also kind of the future for the sellers. you have sites like etsy where people can market artisanal goods, jewelry and clothing. some of them were selling before, but some of them weren't selling anywhere. it's creating new business opportunities, so i think we need policies aimed at creating new jobs, especially middle-scale jobs that people can go into as these other industries fall away, but in general, these sorts of innovations are a good thing. it's good that it's easier for people to buy and sell things, and in general, in the past, the economy has figured out new things for people to do. >> yes, right, so, there's a thing called the lump of labor fallacy, which is this idea that every time there's a new labor-saving device that no one
the american economy's been through a ton of transitions like this. like 150 years ago, almost everybody worked in agriculture and you had big shifts in and out of industries. so, if the shift is out of retail, the question is what can come next? and you say the future of retail is stuff coming to you, but that's also kind of the future for the sellers. you have sites like etsy where people can market artisanal goods, jewelry and clothing. some of them were selling before, but some of them...
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economy, and this is the system they have now settled on, privately, late in the evening. and then consider what the president said just this afternoon. >> the bottom line is, this law is working and will work into the future. >> senior fellow at the manhattan institute, national review columnist and how medicaid fails the poor. this is unbelievable. i mean, this is from the reuters report an hour ago. health plans will estimate how much they're owed. and then they will submit that estimate to the government. once the system is built, the government and insurers can reconcile the payments made with the planned data to true up the payments. oh, joy, so it is basically an honor system if i'm reading this correctly. >> well, the basic thing to understand is it is not a bailout of the insurers, but a bailout of the president. because two weeks ago we heard from one of the top operators of the system, is that it hadn't even been built yet. >> 30 to 40% of healthcare.gov has not been built yet, we said exactly what part of it is that? and they revealed it is the payment mechanis
economy, and this is the system they have now settled on, privately, late in the evening. and then consider what the president said just this afternoon. >> the bottom line is, this law is working and will work into the future. >> senior fellow at the manhattan institute, national review columnist and how medicaid fails the poor. this is unbelievable. i mean, this is from the reuters report an hour ago. health plans will estimate how much they're owed. and then they will submit that...
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Dec 9, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and recruit informants and stop terror attacks before they happen. that's according to documents leaked by former nsa contractor edward snowden and reported in a joint investigation by the "new york times," pro publica and the guardian. now, if your knowledge of the video game universe begins and ends with "frogger" don't worry. we will break it down for you. spencer ackerman, u.s. national security editor at the guardian joins me from new york. spencer, the guardian's calling this a hoarde of undercover orks. please break out the nerd to english/english to nerd dictionary and translate that for us. >> w
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." i'm jake tapper. now turning to the national lead. it's kind of like the matrix except the agents are with the nsa and british intelligence and their targets are terror suspects. we learned today that government spies have reportedly been infiltrating the virtual worlds of online video games like "world of war craft" and "second life" to try and...
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Dec 5, 2013
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so, has the economy turned around corner? our cnn global economic analyst and time assistant editor, it's nice to see you. some signs looking good, right? let me say, in addition to today's gdp report, new home sales, they just posted their biggest increase in more than three decades. look at auto sales, expected to end the year at their strongest level since the start of the great recession, so how out of the woods are we now? >> well, these are hopeful signs, no doubt. the gdp figure is sort of a mixed one because the stronger number is down to a build-up in inventory. for a long time, businesses just weren't buying. they weren't stocking shelves. they were waiting for demand to pick up. now the shelves are empty. they have to get more inventory, so that has a knock-on effect in growth. i'm more interested in the home sales number. >> why? >> i think the housing market is really what most americans feel -- the majority of americans keep the majority of their wealth in housing. when you start to see growing numbers, this is
so, has the economy turned around corner? our cnn global economic analyst and time assistant editor, it's nice to see you. some signs looking good, right? let me say, in addition to today's gdp report, new home sales, they just posted their biggest increase in more than three decades. look at auto sales, expected to end the year at their strongest level since the start of the great recession, so how out of the woods are we now? >> well, these are hopeful signs, no doubt. the gdp figure is...
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Dec 7, 2013
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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Dec 8, 2013
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. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 bil
. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial...
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Dec 4, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive second term agenda. calling for a raise in the money mum wage from $7.25 to $10 an hour. he casted republicans as a scrouge if they stand in the way. >> it will happen if congress does not act before they leave on their holiday vacation. >> sources leaked out new enrollment numbers, some $29,000 signing up in the first two days in december. republicans argue that's not fast enough to enroll the millions of americans who have seen their policies cancel. >> what will these patients and families do when they show up at the hospital or need to reorder a life saving prescription on new year's day
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive...
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Dec 10, 2013
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dollars are spent on farmers markets, that money stays in local economies. we're starting to get traction there. people understand when they understand health outcomes of people living on a poor diet, educational outcomes, i think they start to take notice. >> tom, i'm going to open up to my friends in new york. we talked about income inequality in the last block. here is an example of structural, systemic failures that throwed historic highs in terms of poverty. we are talking about cuts to food stamps. i wonder from your standpoint whether you think democrats and progressives have paid enough attention to this issue, which is hunger in america, and whether democrats have ceded too much ground to the right. at this moment being where we are on poverty, we're talking about cuts to food stamps instead of at the very least maintaining funding we have. >> this is an interesting question when we've just extolled the virtue of obama's ability to negotiate. what that represents and we talk about mandela. listen, we obviously made jokes all morning about the gridlo
dollars are spent on farmers markets, that money stays in local economies. we're starting to get traction there. people understand when they understand health outcomes of people living on a poor diet, educational outcomes, i think they start to take notice. >> tom, i'm going to open up to my friends in new york. we talked about income inequality in the last block. here is an example of structural, systemic failures that throwed historic highs in terms of poverty. we are talking about cuts...